Read through these helpful articles for nuggets of expertise and quick tips for commonly asked questions.
In the last ten years or so, McLaren F1s have shot up in value. Median values hovered around $2.5 million through 2012. Today? $18 million. There are a host of factors, as well as plenty of other considerations to unpack the context around this huge spike. There’s so much here, …
Vanguard of the Next Generation The demographics of the old-car world are always changing. But in recent years, there’s been more focus across the hobby on boosting interest among younger collectors — those who will carry the torch for classic Cal Spyders, E-types, Duesenbergs and Triumphs well into the future. …
Over the past five years at Monterey, Gooding has averaged $118 million worth of vehicles sold. Mecum had a 56 percent sales rate. And on average, $353 million worth of cars have sold in auctions leading up to The Pebble Beach Concourse. This year is different. A lot different, as …
As I basked in the sun with my family on a beach near Charleston, SC recently, I caught up on some of my favorite industry reading. Beach vacations are uniquely suited for this type of relaxation. This time, however, I shocked my wife and family when suddenly I began yelling …
Pebble Beach is upon us and many of you have had your hotel rooms booked for nine months now. But how long have you been doing your due-diligence on that vehicle you have your eye on? The week-long event is always an incredible opportunity to see extraordinary vehicles, reunite with …
The Difference Between a Fiduciary and a Broker It’s a common question: “Dave, what do you mean by fee-only consulting?” “How are you different from a broker, dealer salesperson, my buddy who owns a restoration company, or my nephew who’s a certified Gold Meister?” At Precision Automotive Group, we’re committed …
I’m writing to you, my fellow automotive industry professionals. I want you to think of a two-year-old playing with a ball. He is surrounded by his friends at a party. And they’re all watching him play, but he won’t share his ball. He has a garage full of balls, but …
Do you remember the first time you heard about Uber? It’s one of the more prominent examples of a disruptive business model that has turned an industry (in this case, taxi cabs) upside down and redefined how we go about our day-to-day lives. Another four-letter word is now on the …
When Precision Automotive Group was featured in the CNBC article on the classic car bubble, “Jay Leno Wannabes? Classic Car Market Goes Into Overdrive”, I warned investors to be wary of inflated car costs. In just a glimpse of the article, here is some advice on how the market is …
Over the past year if you remember, Precision Automotive Group was quoted in a CNBC article about a how we are in a classic car bubble. When it came out, everyone gave me a hard time saying that we are not in a bubble. Even Road & Track said we …
